Bankruptcy Rush Precedes New Federal Law; Bankruptcy Clerks in Iowa Reported That 1,487 People Filed On Friday

Summary


DES MOINES, Iowa (AP) - Bankruptcy courts, attorneys and credit counselors worked through the weekend to deal with a barrage of filings before new federal bankruptcy laws took effect Monday.

"What we filed on Friday was higher than any month in 2004," said Sean McAvoy, clerk of U.S. Bankruptcy Court for the Northern District of Iowa.

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Bankruptcy Rush Precedes New Federal Law; Bankruptcy Clerks in Iowa Reported That 1,487 People Filed On Friday

Bankruptcy clerks in Iowa reported that 1,487 peopl...

See the full content of this document

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